Top Small Cap Stocks To Own For 2019

Today, our Under the Radar Movers newsletter suggested small cap online gaming and cloud computing GigaMedia Limited (NASDAQ: GIGM) as a bullish long trade:

“As for Gigamedia, the trigger here is also a move past the 200-day line (green)…. just in the other direction. Confirming that bullish break after about a month’s worth of effort is the way bullish volume seems to be growing.”

“GIGM is a little more overextended than we’d normally like, but put it in context. This stock was trading in the mid-3’s just a few months ago, and the consolidation phase that set up this breakout move lasted for months. There’s a lot more mileage to get out of this transition back into an uptrend.”

Our Under the Radar Movers newsletter would have a more detailed discussion about GigaMedia Limited’s technical chart along with a potential bullish trading strategy:

Top Small Cap Stocks To Own For 2019: Radian Group Inc.(RDN)

Advisors’ Opinion:

  • [By Shane Hupp]

    Radian Group Inc (NYSE:RDN) has been given a consensus rating of “Buy” by the thirteen ratings firms that are presently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $22.78.

  • [By Joseph Griffin]

    Radian Group (NYSE:RDN) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.

    Charles Schwab Co. Common Stock (NYSE:SCHW) was downgraded by analysts at ValuEngine from a buy rating to a hold rating.

  • [By Joseph Griffin]

    Raiden Network Token (CURRENCY:RDN) traded up 1.6% against the U.S. dollar during the 24-hour period ending at 7:00 AM E.T. on March 9th. Raiden Network Token has a total market capitalization of $15.66 million and $1.64 million worth of Raiden Network Token was traded on exchanges in the last day. Over the last seven days, Raiden Network Token has traded up 4.3% against the U.S. dollar. One Raiden Network Token token can currently be bought for approximately $0.31 or 0.00007812 BTC on major exchanges including Kyber Network, Gate.io, Ethfinex and Kucoin.

Top Small Cap Stocks To Own For 2019: Stoneridge Inc.(SRI)

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Stoneridge Inc  (NYSE:SRI)Q4 2018 Earnings Conference CallFeb. 28, 2019, 9:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Ethan Ryder]

    Stoneridge, Inc. (NYSE:SRI) – Analysts at B. Riley lowered their Q3 2019 earnings estimates for Stoneridge in a note issued to investors on Friday, March 1st. B. Riley analyst C. Horn now forecasts that the auto parts company will earn $0.50 per share for the quarter, down from their prior forecast of $0.55. B. Riley also issued estimates for Stoneridge’s Q4 2019 earnings at $0.51 EPS, Q1 2020 earnings at $0.50 EPS, Q2 2020 earnings at $0.50 EPS, Q3 2020 earnings at $0.52 EPS, Q4 2020 earnings at $0.54 EPS and FY2020 earnings at $2.07 EPS.

  • [By Ethan Ryder]

    These are some of the news articles that may have effected Accern Sentiment’s scoring:

    Get Stoneridge alerts:

    OmniTek Engineering (OMTK) and Stoneridge (SRI) Head-To-Head Analysis (americanbankingnews.com) Stoneridge (SRI) Presents At 19th Annual B. Riley FBR Investor Conference – Slideshow (seekingalpha.com) Comparing Commercial Vehicle Group (CVGI) and Stoneridge (SRI) (americanbankingnews.com) Stoneridge to Move to New Facility in China With Room to Grow (ttnews.com) Reviewing Valeo (VLEEY) & Stoneridge (SRI) (americanbankingnews.com)

    SRI has been the topic of a number of recent research reports. Barrington Research initiated coverage on Stoneridge in a research report on Tuesday, April 3rd. They set an “outperform” rating and a $34.00 price target on the stock. B. Riley increased their price target on Stoneridge from $21.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 6th. CL King initiated coverage on Stoneridge in a research report on Monday, April 23rd. They set a “buy” rating and a $34.00 price target on the stock. Zacks Investment Research raised Stoneridge from a “hold” rating to a “strong-buy” rating and set a $27.00 price target on the stock in a research report on Friday, February 9th. Finally, Stephens raised Stoneridge from an “equal” rating to a “weight” rating in a research report on Tuesday, March 20th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $30.00.

Top Small Cap Stocks To Own For 2019: Allstate Corporation (ALL)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Allion (CURRENCY:ALL) traded 8.3% higher against the US dollar during the 24 hour period ending at 16:00 PM ET on September 30th. Allion has a market cap of $34,957.00 and approximately $261.00 worth of Allion was traded on exchanges in the last 24 hours. One Allion coin can currently be bought for about $0.0056 or 0.00000086 BTC on major exchanges including Cryptopia, YoBit and CoinExchange. Over the last seven days, Allion has traded 3.1% higher against the US dollar.

  • [By Stephan Byrd]

    Guggenheim Capital LLC grew its position in shares of Allstate Corp (NYSE:ALL) by 4.4% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 530,877 shares of the insurance provider’s stock after purchasing an additional 22,475 shares during the period. Guggenheim Capital LLC’s holdings in Allstate were worth $50,327,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    Wilsey Asset Management Inc. raised its position in Allstate Corp (NYSE:ALL) by 2.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 140,823 shares of the insurance provider’s stock after buying an additional 3,043 shares during the period. Allstate accounts for about 6.6% of Wilsey Asset Management Inc.’s investment portfolio, making the stock its 7th biggest position. Wilsey Asset Management Inc.’s holdings in Allstate were worth $12,857,000 at the end of the most recent reporting period.